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Children’s Place Speeds Up Store Closings to 300 by End of 2021

Retailer Looks to Reduce Footprint in Malls
The Children's Place has not paid rent to its landlords during the coronavirus outbreak, which caused its stores to temporarily close. (Phillip Pessar/Flickr)
The Children's Place has not paid rent to its landlords during the coronavirus outbreak, which caused its stores to temporarily close. (Phillip Pessar/Flickr)
CoStar News
June 11, 2020 | 8:04 P.M.

Spurred by the pandemic, The Children's Place, the nation's largest pure-play kids' apparel retailer, is accelerating its store closings, with plans to permanently shut 300 stores by the end of fiscal 2021, roughly a third of its locations.

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